A good week inspite of the bomb

In spite of a flurry of blows to the market place that included a weather bomb, an All Blacks loss and the ongoing dissection of Hanover Finance’s demise, we have been encouraged to have fielded some strong offers and made a number of significant sales in excess of $2 million over the last week or so. The counter balance to some bad economic news was the Reserve Bank softening interest rates for the first time since 2003 last week. No doubt it will take some time for the impact of this to filter through, in the mean time, a few sunny days would be nice.